Call reports 2003
GEORGIA BANKING COMPANY — 2003
What GEORGIA BANKING COMPANY reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 48,103,000 | 53,021,000 | 53,804,000 | 60,375,000 |
| Total loans | 38,319,000 | 45,672,000 | 35,994,000 | 54,134,000 |
| Allowance for loan losses | 385,000 | 385,000 | 470,000 | 550,000 |
| Securities available for sale | 7,737,000 | 5,014,000 | 3,277,000 | 1,939,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,686,000 | 42,082,000 | 47,062,000 | 53,649,000 |
| Interest-bearing deposits | 37,726,000 | 39,376,000 | 43,834,000 | 50,397,000 |
| Noninterest-bearing deposits | 1,960,000 | 2,706,000 | 3,228,000 | 3,252,000 |
| Equity capital | 6,752,000 | 6,712,000 | 6,588,000 | 6,478,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 555,000 | 1,175,000 | 1,850,000 | 2,573,000 |
| Interest expense | 249,000 | 492,000 | 685,000 | 893,000 |
| Net interest income | 306,000 | 683,000 | 1,165,000 | 1,680,000 |
| Noninterest income | 92,000 | 144,000 | 185,000 | 265,000 |
| Noninterest expense | 461,000 | 949,000 | 1,449,000 | 2,075,000 |
| Provision for loan losses | 48,000 | 48,000 | 141,000 | 221,000 |
| Pretax income | -111,000 | -164,000 | -230,000 | -339,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -111,000 | -164,000 | -230,000 | -339,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,707,000 | 6,654,000 | 6,588,000 | 6,479,000 |
| Total capital | 7,072,000 | 7,039,000 | 6,951,000 | 6,952,000 |
| Risk-weighted assets | 29,219,000 | 32,826,000 | 28,900,000 | 37,787,000 |